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The emergence of a private clientele for banks in the early eighteenth century: Hoare's Bank and some women customers1

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  • ANNE LAURENCE

Abstract

The records of Hoare's Bank and the correspondence of six of its women customers show how these women started to use the new banking services both for transferring money and for trading in the stock market. It is clear that alongside their use of the new facilities, older systems of money transfer remained important for customers. Much of the business of the bank and its customers, including their ventures into the stock market, took place within groups of people united by kinship, religion, and politics.

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  • Anne Laurence, 2008. "The emergence of a private clientele for banks in the early eighteenth century: Hoare's Bank and some women customers1," Economic History Review, Economic History Society, vol. 61(3), pages 565-586, August.
    • Handle: RePEc:bla:ehsrev:v:61:y:2008:i:3:p:565-586
    DOI: 10.1111/j.1468-0289.2008.00448.x
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    References listed on IDEAS

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    1. Peter Temin & Hans-Joachim Voth, 2004. "Riding the South Sea Bubble," American Economic Review, American Economic Association, vol. 94(5), pages 1654-1668, December.
    2. Peter Temin & Hans‐Joachim Voth, 2008. "Private borrowing during the financial revolution: Hoare's Bank and its customers, 1702–241," Economic History Review, Economic History Society, vol. 61(3), pages 541-564, August.
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    8. Quinn, Stephen, 2001. "The Glorious Revolution'S Effect On English Private Finance: A Microhistory, 1680–1705," The Journal of Economic History, Cambridge University Press, vol. 61(3), pages 593-615, September.
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    Cited by:

    1. Carlos, Ann M. & Fletcher, Erin & Neal, Larry, 2012. "Share Portfolios and Risk Management in the Early Years of Financial Capitalism: London 1690-1730," CEI Working Paper Series 2012-12, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    2. Ann Carlos & Karen Maguire & Larry Neal, 2008. "'A knavish people…': London Jewry and the stock market during the South Sea Bubble," Business History, Taylor & Francis Journals, vol. 50(6), pages 728-748.
    3. Ann M. Carlos & Erin Fletcher & Larry Neal, 2015. "Share portfolios in the early years of financial capitalism: London, 1690–1730," Economic History Review, Economic History Society, vol. 68(2), pages 574-599, May.
    4. Helen Paul, 2015. "Editorial: Women in economic and social history: twenty-fifth anniversary of the Women's Committee of the Economic History Society," Economic History Review, Economic History Society, vol. 68(2), pages 1-17, May.
    5. B. Zorina Khan, 2017. "Related Investing: Corporate Ownership and Capital Mobilization during Early Industrialization," NBER Working Papers 23052, National Bureau of Economic Research, Inc.
    6. Ann M. (Ann Martina) Carlos & Karen Maguire & Larry Neal, 2008. "“A knavish people ... so dextrous in bargaining that it is impossible for Christians to expect any advantage in their dealings with them” : London Jewry and the stockmarket during the South Sea Bubble," Working Papers 200806, School of Economics, University College Dublin.

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